FILE PHOTO: Sam Altman is in talks to take a position and co-found a brand new brain chip interface startup referred to as Merge Labs to compete with Elon Musk’s Neuralink.
| Photo Credit: AP
Sam Altman is in talks to take a position and co-found a brand new brain chip interface startup referred to as Merge Labs to compete with Elon Musk’s Neuralink. A brand new Financial Times report revealed that the funds will largely be introduced in from OpenAI’s ventures workforce.
Altman is predicted to be listed as a co-founder alongside with Alex Bania, the co-founder and CEO of World, the attention scanning ID verification startup that Altman is concerned with.
The report said that the Merge Labs can be valued at $850 million submit fundraising.
Meanwhile, final month, Neuralink raised $650 million within the newest funding spherical and is valued at round $9 billion.
After an extended wrestle, the startup lastly started human trials final 12 months and has acquired approval from the U.S. Food and Drug Administration or FDA.
The startup has claimed that 5 folks with extreme paralysis are utilizing their machine to regulate do duties managed by their ideas.
Musk and Altman have been brawling with Musk lately submitting a lawsuit contesting OpenAI’s conversion right into a worthwhile entity.
Yesterday, the OpenAI CEO accused Musk of manipulating X to profit himself and “harm competition,” which Musk refuted calling him a liar.
Published – August 13, 2025 04:13 pm IST